TRON and Lunex Network Hit New Highs as Litecoin Faces Resistance | Coinspeaker
LightChain
Sponsored

TRON and Lunex Network Hit New Highs as Litecoin Faces Resistance

Lunex Network supports staking, liquidity provision, and yield farming and enables users to optimize returns without navigating complex DeFi protocols.

Andy Watson By Andy Watson Julia Sakovich Edited by Julia Sakovich Updated 3 mins read
TRON and Lunex Network Hit New Highs as Litecoin Faces Resistance
Photo: Lunex Network
This content is provided by a sponsor

TRON and Lunex Network are making waves in the crypto market, reaching new milestones as investor interest surges. TRON’s steady growth highlights its expanding ecosystem, while Lunex Network’s innovative DeFi features attract traders seeking secure, multi-chain solutions. In contrast, Litecoin struggles to break through resistance levels, facing challenges amid broader market fluctuations. As TRON and Lunex Network gain momentum, Litecoin’s performance raises questions about its future trajectory in an increasingly competitive landscape.

TRON Surges to New All-Time High

TRON is generating headlines with the recent all-time high after 7 years of steady development. TRON jumped over 100% in 24 hours to trade at $14.6 billion. The token has increased 137.91% in a month and could take over the ninth spot in the crypto rankings held by USDC.

TRON might retest its $0.40 resistance and possibly breach the $0.50 mark this week in case bullish momentum continues. However, the market might get greedy, triggering sell-offs and taking TRON’s price below its support of $0.35. A bigger sell-off might take TRON further down to $0.30.

TRON’s recent performance has amazed investors and all eyes are on whether it can continue its upward trend in the near future.

BIT Mining Expands into Litecoin amid Bullish Trend

Bit Mining Limited (BTCM), a leader in cryptocurrency mining, recently reiterated its commitment to mining Litecoin, Dogecoin, and Bitcoin. This particular deliberate switch has paid off, and mining Dogecoin and Litecoin is almost 3 times as lucrative as Bitcoin.

Litecoin’s rally has seen roughly 80% of its investors in profit since 2021. On December 1, Litecoin drew 258.34k coins into exchanges, suggesting increased selling.

Last week, Litecoin jumped 40% to $128.90, gaining 36.54% during the last week despite a tiny 3.11% decline within the last twenty-four hours. This growth backs analysts’ projections that Litecoin would increase by 1,000% by 2025, making it an attractive cryptocurrency.

Lunex Network Simplifies Cross-Chain Trading and Asset Management

Moving assets across blockchains is a pain in crypto transactions, as tokens like ERC-20 clash with those on Solana. Lunex Network (LNEX) has addressed this particular problem with its cross-chain trading, where users can trade assets across several blockchains without changing platforms.

Lunex Network also simplifies asset management. Users can track their portfolios across several chains via an easy interface which removes the difficulties of crypto asset management. Lunex Network supports staking, liquidity provision, and yield farming and enables users to optimize returns without navigating complex DeFi protocols.

Security is a top priority and SolidProof has verified that Lunex Network’s smart contracts have no high or medium critical security problems. This audit ensures that investors can trade and hold $LNEX tokens with peace of mind, knowing their assets are secure. Lunex Network further streamlines the user experience by eliminating the need for third-party wallet connections like MetaMask or Trust Wallet.

During the ongoing presale, $LNEX tokens are being sold for a modest $0.0038, significantly below the estimated launch price of $0.0216. Early investors who purchased at $0.0012 have already seen a 200% ROI, making this an appealing opportunity for anyone looking to invest in the platform’s growth.

You can find more information about Lunex Network (LNEX) on the website and social media platforms.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Tron (TRX) News, Litecoin (LTC) News, Sponsored
Andy Watson
Author Andy Watson

Please check out latest news, expert comments and industry insights from Coinspeaker's contributors.

Andy Watson on X